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China – Sands Cotai tipped for London revamp

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Local news service Macau Business Daily has reported that Sands Cotai Central will bring a London theme to its four towers; St. Regis, Sheraton Grand, Conrad and Holiday Inn. It quotes a Sands China source saying: “The decision is done, it’s now just a matter of starting to work on it.” The towers have been… Read more »

Cambodia – Gaming revenues up by 40 per cent at NagaWorld

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Stable growth in the Cambodian economy helped NagaCorp, operator of NagaWorld, the entertainment centre of the Mekong Region in the Cambodian capital Phnom Penh, increase its GGR in the first half of the year by 40 per cent to US$386.8m. EBITDA increased 19 per cent whilst net profit increased by 20 per cent to US$150.6m…. Read more »

Australia – AGE sees a 19 per cent increase in attendance

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The Australasian Gaming Expo (AGE) 2017 saw a 19 per cent increase in attendance with 8,099 people attending the show as it returned to Darling Harbour in Sydney where it started 28 years ago. “The return of this event to Darling Harbour and the halls of the new exhibition centre created the most successful event… Read more »

China – MGS Summit examines new innovations in gaming

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The MGS Entertainment Show, which is backed jointly by the Macau SAR Government and the largest 150 gaming and entertainment companies in Asia, will challenge conventional thinking in the agenda for its annual summit at the Venetian Macao, to be held from 14 to 16 November 2017. Titled “Smart City, Smart Economy”, the MGS Summit… Read more »

Japan – Time limits put forward to restrict gambling by Japanese locals

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A second public hearing, held by the Japanese government on the potential of integrated resort casinos has heard how a ‘time limit’ on the length of time players are allowed to gamble for would alleviate some of the concerns regarding a limit on the number of visits allowed. Held in Osaka, the hearing heard that… Read more »

Philippines – Morgan Stanley tips Okada Manila to be market leader

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Analyst group Morgan Stanley is tipping Okada Manila to take pole position in the Philippines’ market by 2019, surpassing Bloomberry, Melco Resorts Philippines and Resorts World Manila. The firms Alex Poon and Praveen Choudhary said: “We expect Okada to add US$1.2bn of GGR by 2019 to the overall market, capturing 32 per cent market share… Read more »

Philippines – Genting plans 2020 opening for Westside City Resorts World

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Genting Hong will open its Westside City Resorts World integrated resort in Manila’s Entertainment City in 2020. The group said: “Come 2020, another Resorts World brand will have its second location in the country. The Westside City Resorts World will be a 31-hectare property situated in Philippine Amusement and Gaming Corporation’s Entertainment City and is… Read more »

South Korea – Jeju Shinhwa World to host Lionsgate Movie World

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Landing International Development is to develop Lionsgate Movie World at its Jeju Shinhwa World casino resort, Korea. Spanning approximately 1.3m sq. ft, Lionsgate Movie World is Lionsgate’s first branded outdoor theme park and the latest milestone in the continued ramp up of Lionsgate’s location-based entertainment business around the world. In addition to being Korea’s first… Read more »

China – Analysts confused by Studio city IPO

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In a move that has confused analysts, Melco International will lessen its ownership in its Macau casino Studio City by floating part of its shares in the US. Its motives are not yet known although analysts believe it could be to raise money to complete phase 2 of the Macau casino. Having seen its joint… Read more »

Philippines – Work starts on Emerald Resort and Casino in Cebu

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Philippine-based Udenna Development Corporation (UDC) has now formally broken ground on its The Emerald Resort and Casino, world-class integrated resort outside Luzon on the Philippines island of Cebu. The groundbreaking ceremony which was held on July 26, 2017 was led by UDC Chairman and CEO Dennis Uy. PAGCOR’s top management led by Chairman and Chief… Read more »